Iranian crypto exchange Nobitex hacked for over $90 million by pro-Israel group

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Nobitex, Iran’s largest cryptocurrency exchange, suffered a major hack on 18 June. Elliptic has so far identified over $90 million sent from Nobitex wallets to hacker addresses.

Publish date

June 18, 2025

Web URL

https://www.elliptic.co/blog/iranian-crypto-exchange-nobitex-hacked-pro-israel-group

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Iranian exchange Nobitex exploited by Israel-linked hackers

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The hack also does not appear to be financially motivated. The vanity addresses used by the hackers are generated through "brute force" methods - involving the creation of large numbers of cryptographic key pairs until one contains the desired text.

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Nobitex, Iran’s largest cryptocurrency exchange, suffered a major hack on 18 June. Elliptic has so far identified over $90 million sent from Nobitex wallets to hacker addresses.

Crypto news

Quote